Senior Portfolio Investment Manager

Senior Portfolio Investment Manager

Department: Investment Management
Reports to: Head of Portfolio Investment Management
Location: Denver, CO | Austin, TX | San Francisco, CA (Hybrid)

About Lightsource bp

Lightsource bp is a global leader in onshore renewable energy development, focused on delivering large‑scale solar and energy storage solutions that help power the energy transition.

For over a decade, we’ve been diversifying the way the world is powered through responsible renewable energy development. Our teams work across development, financing, construction, and long‑term management of renewable assets that deliver reliable, affordable energy while supporting global decarbonization.

Lightsource bp was fully acquired by bp in 2024, strengthening our ability to scale renewable energy globally. Our business operates under a capital‑light investment model, partnering with third‑party investors through debt, tax equity, and structured equity financing while maintaining long‑term portfolio oversight.

The Opportunity

Lightsource bp is seeking a Senior Portfolio Investment Manager to support the rapid growth of our U.S. renewable energy portfolio.

The Investment Management (IM) team acts as the primary interface between Lightsource bp and our capital partners after projects reach financial close. The team manages ongoing investor relationships, financial performance, and compliance with financing agreements across operating renewable energy assets.

This role will oversee portfolios of utility‑scale solar and energy storage projects, ensuring strong investor relationships, financial performance, and compliance with complex project finance structures.

You will collaborate closely with Structured Finance, Asset Management, Finance, Power Marketing, Legal, and Engineering teams to support the long‑term success of Lightsource bp’s renewable energy portfolio.

Key Responsibilities

Portfolio & Investor Management

• Serve as the primary day‑to‑day contact for lenders, tax equity investors, and equity partners across assigned portfolios.
• Manage compliance with project finance documentation and covenant reporting obligations.
• Coordinate waivers, approvals, and amendments with capital providers.
• Ensure timely debt service payments and investor distributions.
• Manage and optimize letters of credit and ancillary financial facilities.

Financial & Portfolio Oversight

• Monitor technical, commercial, and financial performance across project portfolios.
• Support preparation of budgets, forecasts, financial models, and performance reporting.
• Analyze project financials including P&L, balance sheet, and cash flow statements.
• Identify risks and opportunities for commercial or financial optimization.

Strategic & Cross‑Functional Collaboration

• Partner with Asset Management, Structured Finance, Treasury, Legal, and Power Marketing teams to drive portfolio performance.
• Support refinancing, sell‑downs, and M&A transactions across renewable assets.
• Contribute to portfolio‑level reviews and global investment initiatives.

Qualifications

Experience

• Experience in project finance, renewable energy, infrastructure investment, or structured finance.
• Experience working with lenders, tax equity investors, or infrastructure capital providers.
• Familiarity with non‑recourse project finance structures.

Skills & Knowledge

• Strong understanding of project finance documentation and covenant management.
• Ability to interpret complex financial models and financial statements.
• Strong analytical, organizational, and stakeholder management skills.
• Ability to opera